Studio Matrx Monthly · Volume 1 · Issue 1 · June 2026
Amogh N P
 In loving memory of Amogh N P — Architect · Designer · Visionary 
Build Your Own House
Mastery check

Module 5 mastery check — Your Team & the Contract

8 questions · pass mark 70%. Answer all, then see your score and a quick why for each.

  1. 01In a labour-rate (labour-only) contract, who supplies the building material?

  2. 02Which contracting model typically carries the highest contractor margin, and why?

  3. 03What is the main purpose of giving every contractor the same Bill of Quantities (BOQ)?

  4. 04When comparing quotes, why is the cheapest total often the most expensive house?

  5. 05How should payments to a contractor be structured in a fair contract?

  6. 06What does retention money do in a construction contract?

  7. 07A liquidated damages (LD) clause in a construction contract does what?

  8. 08How should a change to the work (a variation) be handled to avoid surprise 'extras'?